NGM SERVICES TRADING: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
NGM SERVICES TRADING
Largest movements
- Receivables within one year -€2,397
down €2,397 (-24.7%), from €9,719 to €7,322
of which Trade receivables: -€2,786
- Stocks and contracts +€2,337
up €2,337 (+14.5%), from €16,080 to €18,418
- Cash +€1,138
up €1,138 (+37.7%), from €3,015 to €4,152
mainly Net result for the year (+€15,086) and Receivables within one year (+€2,397)
- Tangible fixed assets -€488
down €488 (-68.6%), from €712 to €224
of which Plant, machinery and equipment: -€295
- Profit (loss) carried forward +€15,086
up €15,086 (+762%), from €1,980 to €17,066
- Other debts -€14,403
down €14,403 (-64.8%), from €22,235 to €7,832
- Trade debts -€322
down €322 (-33.8%), from €953 to €631
- Gross operating margin +€23,230
up €23,230, from -€4,238 to €18,992
- Taxes +€2,879
up €2,879, from -€293 to €2,586
- Other operating charges +€724
new in 2025: €724
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,526 | €30,116 | +€590 | +2.0% |
| Fixed assets | 21/28 | €712 | €224 | -€488 | -68.6% |
| Tangible fixed assets | 22/27 | €712 | €224 | -€488 | -68.6% |
| Plant, machinery and equipment | 23 | €442 | €148 | -€295 | -66.7% |
| Furniture and vehicles | 24 | €270 | €76 | -€193 | -71.7% |
| Current assets | 29/58 | €28,814 | €29,892 | +€1,079 | +3.7% |
| Stocks and contracts in progress | 3 | €16,080 | €18,418 | +€2,337 | +14.5% |
| Stocks | 30/36 | €16,080 | €18,418 | +€2,337 | +14.5% |
| Amounts receivable within one year | 40/41 | €9,719 | €7,322 | -€2,397 | -24.7% |
| Trade receivables | 40 | €7,789 | €5,003 | -€2,786 | -35.8% |
| Other amounts receivable | 41 | €1,930 | €2,319 | +€389 | +20.2% |
| Cash at bank and in hand | 54/58 | €3,015 | €4,152 | +€1,138 | +37.7% |
| Total equity and liabilities | 10/49 | €29,526 | €30,116 | +€590 | +2.0% |
| Equity | 10/15 | €3,980 | €19,066 | +€15,086 | +379% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,980 | €17,066 | +€15,086 | +762% |
| Amounts payable | 17/49 | €25,546 | €11,050 | -€14,496 | -56.7% |
| Amounts payable within one year | 42/48 | €25,546 | €11,050 | -€14,496 | -56.7% |
| Trade debts | 44 | €953 | €631 | -€322 | -33.8% |
| Suppliers | 440/4 | €953 | €631 | -€322 | -33.8% |
| Taxes, remuneration and social security | 45 | €2,358 | €2,586 | +€228 | +9.7% |
| Taxes | 450/3 | €2,358 | €2,586 | +€228 | +9.7% |
| Other amounts payable | 47/48 | €22,235 | €7,832 | -€14,403 | -64.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €488 | €488 | = | 0.0% |
| Other operating charges | 640/8 | - | €724 | +€724 | |
| Gross operating margin | 9900 | -€4,238 | €18,992 | +€23,230 | |
| Operating profit (loss) | 9901 | -€4,726 | €17,780 | +€22,506 | |
| Financial income | 75/76B | €28 | €62 | +€34 | +119% |
| Recurring financial income | 75 | €28 | €62 | +€34 | +119% |
| Financial charges | 65/66B | €335 | €169 | -€166 | -49.6% |
| Recurring financial charges | 65 | €335 | €169 | -€166 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,033 | €17,673 | +€22,706 | |
| Income taxes | 67/77 | -€293 | €2,586 | +€2,879 | |
| Profit (loss) for the period | 9904 | -€4,740 | €15,086 | +€19,827 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,740 | €15,086 | +€19,827 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.